Oct. 6, 2020
DURHAM, N.C. — Zogo Finance launched 12 new partnerships with credit unions across the country in September 2020, another sign of continued and accelerating growth for the startup financial literacy company based in Durham, North Carolina.
Following an additional 11 partnerships launched in August, the company is now partnered with credit unions in 32 states across the country.
“Zogo is thrilled to work with so many institutions that share our passion for engaging and accessible financial education,” Zogo CEO Bolun Li said. “These exciting new partnerships demonstrate that our company is providing real value to credit unions and their members.”
These new partners include:
- Hoosier Hills Credit Union
- USE Federal Credit Union
- Student Federal Credit Union at the University of Pennsylvania
- Tri Valley Service Federal Credit Union
- Summit Credit Union
- Simplicity Credit Union
- NRL Federal Credit Union
- Financial Plus Credit Union
- Educators Credit Union
- Madison County Federal Credit Union
- HarborLight Credit Union
- McCoy Federal Credit Union
Since launching in November 2019, Zogo’s gamified financial literacy app has garnered nearly 80,000 users who have completed over 1,000,000 of the app’s bite-sized lessons in personal finance. As users learn about topics like making a budget, saving for retirement or buying a car, they earn points — in the form of virtual pineapples — that can be redeemed for real-life rewards.
Li founded Zogo during his sophomore year at Duke University after reflecting on his own poor experience with financial education in high school — and realizing that none of his friends knew much about money either.
“Financial education has the power to literally transform lives, and it’s more critical now than ever,” said Li. “Zogo works to ensure that every American has the tools they need to build a successful financial future. These partners help make that vision possible.”
Zogo is a financial technology company based in Durham, N.C. that works to inspire the underbaked to become financially savvy. Zogo helps financial institutions connect with their members by teaching financial fundamentals through its app that pays users to learn. Zogo’s app has won numerous industry accolades, including “Best of Show” at Finovate Fall 2019 and NACUSO 2019 Next Big Idea Competition. Key investors and advisors include Techstars, a former CEO of Sageworks, and faculty from Duke University. To learn more, visit www.zogofinance.com.